Showing 1 - 10 of 347
-- the opposite of what is usually thought of when considering inter-sector trade retaliation. Phasing down World Trade … to raise their import restrictions when international prices slump. To date there is no parallel discipline in the World … through new World Trade Organization rules could help alleviate the extent to which government responses to exogenous price …
Persistent link: https://www.econbiz.de/10012976237
In December 2005, the Belgian government adopted the law on the Intergenerational Solidarity Pact (ISP) aiming at increasing the employment rate of older workers. The main policies of the ISP consist in a pension bonus, reductions in employers' social security contributions and measures...
Persistent link: https://www.econbiz.de/10011283130
This paper takes a first look at the trade effects of China's Belt and Road Initiative, also referred to as the New Silk Road, on the 71 countries potentially involved. The initiative consists of several infrastructure investment projects to improve the land and maritime transportation in the...
Persistent link: https://www.econbiz.de/10012895212
The global spread of COVID-19 is one of the largest threats to people and governments since the Second World War. The …
Persistent link: https://www.econbiz.de/10012239442
The public health measures implemented by governments to limit the spread of the COVID-19 pandemic will produce significant economic consequences that are likely to exacerbate social and economic inequalities. In this paper we provide a framework to analyse how income inequality, besides other...
Persistent link: https://www.econbiz.de/10012214250
COVID-19 is spreading and has reached the state of a worldwide pandemic and health systems are or will be tested in how they can deal with it. So far, during this early phase of the pandemic, outcomes in terms of case-fatality rates (CFR) differ widely across countries. We explore how...
Persistent link: https://www.econbiz.de/10012199226
This paper introduces a new comprehensive data set on policies of a macroprudential nature in the banking sectors of the 28 member states of the European Union (EU) between 1995 and 2014. The Macroprudential Policies Evaluation Database (MaPPED) offers a detailed overview of the "life-cycle" of...
Persistent link: https://www.econbiz.de/10011779845
Amid the growing financial vulnerabilities posed by climate change, we investigate macroprudential capital buffers to mitigate systemic risks and increase the resilience of the banking sector. Leveraging granular data and state-of-the-art stress testing methods, we quantify potential bank losses...
Persistent link: https://www.econbiz.de/10014558804
trade between nations can play in bringing stability to the world?s food markets. More effort appears to be needed before a …
Persistent link: https://www.econbiz.de/10012976397
This paper investigates the effect of economic sanctions on employment. We exploit the imposition of a series of unexpected and unprecedented international economic sanctions on Iran in 2012 and estimate the short-run effects of the change in import exposure on manufacturing employment at the...
Persistent link: https://www.econbiz.de/10012670656